Bank of Cyprus UK 15 Month Bond 82nd Issue Features & Benefits
(currently displaying summary information only)| Feature / Benefit | Summary | Details | Rating out of 5 | ||
|---|---|---|---|---|---|
| Application Criteria: | |||||
| Permanent UK Resident |  | yes | This product is only available to individuals who are permanent UK residents. | ||
| Existing Customer Only | | no | No | ||
| New Money Only | | no | Not applicable. | ||
| Minimum Initial Investment | | £1 | The minimum investment required to open this account is £1. |  | |
| Minimum Age | | 0 years | There is no minimum age. | ||
| Introductory Rates: | |||||
| Introductory Bonus | | 0% | No introductory bonus payable. | ||
| Rates: | |||||
| Rate Type | | fixed | The type of interest rate is fixed. | ||
| Account Term | | 15 months | The term of the account is 15 months. |  | |
| Headline Interest Rate | | 3.25% | The headline interest rate is 3.25% AER. |  | |
| Rate Tiers | | see details | Gross Rate Gross Rate AER Excluding BonusIncluding Bonus £13.26%3.26%3.25% ...expand | ||
| Tax Free | | no | This product is not tax free | ||
| Fixed Interest Rate | | yes | The interest rate is fixed. | ||
| Interest Payment Frequency | | maturity | Interest is paid at maturity. | ||
| Fixed Rate Period | | 15 months | The interest rate is fixed for 15 months. | ||
| Fixed Term | | 15 months | The term of the account is 15 months. | ||
| Step-Up Bond | | no | This is not a step up bond. | ||
| Children's Savings: | |||||
| Children's Savings Account | | no | no | ||
| Account Access: | |||||
| Account Type | | Fixed Bond | Fixed Bond | ||
| Limited Issue | | yes | This is a limited issue. | ||
| Opened Online | | yes | This account can be opened via internet. | ||
| Online Access | | yes | Transactions can be made via internet. | ||
| Opened at Branch | | yes | This account can be opened at a branch | ||
| Branch Access | | yes | Transactions can be made at a branch | ||
| Opened by Phone | | yes | This account can be opened by telephone. | ||
| Phone Access | | yes | Transactions can be made by telephone if a telephone instruction form has been completed. Transaction instructions can also be faxed provided the relevant form has been completed. | ||
| Opened by Post | | yes | This account can be opened by post | ||
| Postal Access | | yes | Transactions can be made by post | ||
| Free Withdrawal Allowed | | no | Free withdrawals are not permitted | ||
| Closure Before Maturity | | no | Closure is not permitted. | ||
| Account Management: | |||||
| Minimum Balance | | £1 | The minimum balance is £1. | | |
| Additional Deposits | | no | Additional deposits are not permitted. | ||
| Withdrawal Conditions | | yes | Withdrawal Conditions - Withdrawals not permitted. | ||
| Transferred on Maturity | | instant access | If no instructions are received from the customer the interest rate on the account will revert to the rate applicable at the time on the Instant Access account or its equivalent. | ||
| Additional Information | | none | There is no additional information | ||
| Available to Trustees | | yes | This account is available to trustees. | ||
